Abakkus Launches Mutual Fund: SEBI Approval Secured

Abakkus Asset Manager has recently received the final nod from the Securities and Exchange Board of India (SEBI) to launch its mutual fund operations under the name Abakkus Mutual Fund. This approval is a significant milestone for the firm, which was founded in 2018 by the renowned investor Sunil Singhania.

Before this development, Abakkus operated primarily in the Portfolio Management Services (PMS) and Alternative Investment Funds (AIF) segments, managing a substantial asset base of approximately Rs 37,900 crore as of July 31, 2025. The new mutual fund license allows Abakkus to extend its equity-focused investment strategies to a larger retail investor market.

Sunil Singhania expressed his excitement, stating, “This is a pivotal moment for Abakkus. Our goal is to bring the same rigor, discipline, and alpha-generating focus that have defined our PMS and AIF offerings to the mutual fund arena.” This statement reflects the company's commitment to maintaining high standards while expanding its portfolio.

Abakkus Investment Managers (Abakkus AMC) plans to introduce actively managed equity mutual fund schemes in the upcoming months. Following this launch, the firm aims to broaden its offerings to include debt, hybrid, and multi-asset products. This strategic approach promises to cater to diverse investment preferences among retail investors.

The timing of Abakkus's entry into the mutual fund space is noteworthy, especially considering the rapid growth of India's mutual fund industry. As of July 2025, the industry has scaled to an impressive Rs 75 lakh crore in assets under management, witnessing over six-fold growth in the past decade. This trend indicates a rising interest in mutual funds among Indian investors, presenting a lucrative opportunity for new entrants like Abakkus.

In conclusion, Abakkus's foray into mutual funds marks an important step in its growth journey. With a strong foundation in investment management and a commitment to excellence, the firm is poised to make a significant impact in the mutual fund landscape of India.